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grantastic

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grantastic

Re: underdog150 post# 24450

Monday, 10/24/2016 7:35:00 PM

Monday, October 24, 2016 7:35:00 PM

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Accumulation/Distribution line is a mathematical construct which only considers DAILY data, and is independent of long-term price trends.

Basically it says the daily lows are a lot further away from the closing price than the daily highs.

http://www.investopedia.com/terms/a/accumulationdistribution.asp

IMO technical analysis is voodoo, particularly on penny stocks, but if people want to believe in it, good for them.
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